Category: Bankruptcy

The Creditor’s Petition: what all CFOs need to know

30-May-2017 Fraud and Insolvency,Bankruptcy By Mark Streeter

This article details the use of Bankruptcy Notices, Creditor’s Petitions and the impact these have on the estate of the debtor and, particularly, the recovery of a Judgment Debt. Chief Financial Officers and small to medium-sized enterprises also need...

Bankruptcy minimum raised from $2,000 to $5,000

29-November-2010 Fraud and Insolvency,Bankruptcy By Mark Streeter

Higher minimum debt for bankrupt individuals will reduce bankrupcty notices On 24 June 2010 the Federal Parliament passed amendments to the Bankruptcy Act 1966. There were a number of technical “restructuring” type changes to the Bankruptcy Act...